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Suzlon Energy to develop 3k MW wind capacity in Andhra Pradesh

17 Jan 2012 Evaluate

Suzlon Energy has signed a memorandum of understanding with the Andhra Pradesh government to develop a wind capacity in the state totalling 3,000 MW between 2012 and 2016, creating potential investments of up to 18,000 crore, part of a wave of investment proposals flowing to the state after the Partnership Summit. The state government will facilitate Suzlon in securing necessary permissions, registrations, approvals and clearances for the development of the wind farms. Suzlon, in turn, will play the role of a developer and facilitate the channelisation of investments into the state through its customers investing in wind energy. The MoU covers the development of new capacity in wind farms across the state with development planned in various locations in the state that include Tallimadugula, Alankarayanipeta, Gandikota, Vajrakarur and Tirumalayapalli.

Peers
Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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